No. StockPlus margin is available only against free and unencumbered holdings in your Demat account. Shares held under MTF are already pledged with Samco as collateral for the funded position. Since they are encumbered, they cannot be used again as collateral under StockPlus. Only holdings that are completely free and […]
Are There Any Restrictions on Pledging or Unpledging?
Yes. There are situations where a pledge or unpledge request will not go through. Unpledge restrictions: If your ledger balance is in debit, you cannot unpledge shares until the balance is cleared If you have an active sell order for a stock, unpledging the same stock at the same time […]
Can I Sell My Pledged Holdings Without Unpledging First?
Yes. You can sell pledged holdings directly from the market without raising a separate unpledge request first. When you place a sell order for pledged shares, Samco automatically unpledges them as part of the transaction. You do not need to manually unpledge before placing the sell order, the system handles […]
What Brokerage Applies on StockPlus Trades?
StockPlus does not change your brokerage structure. Standard Samco brokerage applies on all trades placed using StockPlus margin flat ₹20 per executed order or the applicable percentage rate, whichever is lower. There is no separate or additional brokerage for using StockPlus. The only StockPlus-specific charges are ₹30 + GST per […]
How Many Stocks Are Eligible for Pledging?
Samco provides StockPlus margin against 1,200+ approved stocks and ETFs listed on NSE and BSE. Eligible mutual fund units can also be pledged to generate margin. The approved list is reviewed periodically based on regulatory guidelines, liquidity, and risk factors. Not every stock qualifies; only securities on Samco’s approved pledge […]
What Happens if I Cannot Meet a Margin Shortfall in Time?
If a margin shortfall is not resolved after the alert is sent, Samco’s system will step in automatically. What the system does: Your open positions may be squared off partially or fully to bring the margin back to the required level If squaring off positions is not enough, the pledged […]
What Happens if There is a Margin Shortfall?
A margin shortfall occurs when the value of your pledged collateral falls below the required margin level usually because the market price of your pledged shares has dropped. What happens when a shortfall is triggered: Alert sent – Samco notifies you immediately via SMS and email Action required – You […]
Which Segments Can I Trade In Using StockPlus Margin?
StockPlus margin can be used across F&O, currency derivatives, and select equity order types. It cannot be used for regular delivery or standard intraday equity orders. Where StockPlus margin can be used: NSE Equity – Cover Orders and Bracket Orders NSE Equity Derivatives – Futures (MIS, Bracket, and Cover Orders) […]
What is a Haircut?
A haircut is the percentage deducted from the market value of your pledged shares to arrive at the actual margin you receive. It is not a fee, it is a risk adjustment to account for potential price movements in the pledged stock. Example Priya pledges shares worth ₹1,00,000. The haircut […]
How Much Margin Will I Get?
The margin you receive depends on the market value of your pledged shares and the haircut applicable to that stock. A haircut is a percentage deducted from the current market value of your holdings. What remains after the deduction is your usable margin. Example Rahul holds shares worth ₹1,00,000 and […]